X-Press Feeders conducts its first bio-methanol refueling: Singapore-based container shipper X-Press Feeders completed its first bio-methanol refueling operation at the port of Singapore after receiving its first of 14 dual-fuelled vessels, X-Press Feeders COO Francis Goh told Reuters.

How they did it: The vessel docked and refueled with some 300 metric tons of bio-methanol, supplied from Global Energy Trading’s chemical bunker tanker. The operation took place as the vessel loaded and unloaded containers, making this the first simultaneous methanol bunkering and cargo operation to occur in Singapore. The company is set to launch a Baltic shipping route in July and a Finland route in October using methanol-fuelled vessels.

Why bio-methanol? Bio-methanol produced from decomposing organic matter, such as waste and residues, can help slash carbon emissions by some 65% compared to traditional fuel, Goh told the newswire. This will also help the company slash its CO2 emissions by 20% by 2035, and help it reach its net-zero goal by 2050. The firm is also set to receive eight more dual-fuel container ships between 2024-2025 and six between 2025-2026, the newswire writes.

Singapore is a bunkering hub: Singapore has received some 50 proposals for the supply of methanol as bunker fuel, with potential to supply more than 1 mn tons of low-carbon methanol per year by 2030, the newswire writes.

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